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abdullatrader
Dec 18, 2017 1:55 PM

Bitcoin completed 5 waves?! 

Bitcoin / U.S. dollarBitstamp

Description

Hi guys! I know a lot of traders don't like me posting any Bitcoin bearish ideas. So for the time being, I will not put any bearish targets until the support is broken. It will be interesting to see how this plays out.
Please share your thoughts below and let m know if you have any questions. Good luck!

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Interesting - we broke the current raising wedge pattern. Let see if Bitcoin us headed to break the support.

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We broke the support line just now. Interesting!

Let’s see where this is heading...

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Bitcoin trading under 18k again

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Updated idea.

Trade closed: target reached

Comments
i8myapl
Im now to this, what does "break the support" mean ? :(
abdullatrader
@i8myapl, breaking the price
i8myapl
@AAlFadhala, thank you :)
ryan99si
Whats the next level to break if we gonna drop further?
abdullatrader
@ryan99si, i will update the idea soon
ShoeshineBoy
BTC selling because Coinbase now supporting BCH.
abdullatrader
@ShoeshineBoy, thanks for sharing your thoughts.
Mrlbrmn
If it does break the support wall where do you think it could go
abdullatrader
@Mrlbrmn, I'll update the idea soon.
Malkaviano
Nice catch man!
I used it to enter BCH on the rise :)
Props.
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